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NO! Firstly, Alan Wake, Halo Wars and maybe Splinter Cell have been pushed back into 2009. That's a pretty big blow to the 360's lineup.
Secondly, the PS3 has a lot of heavy-hitters- if 1 or 2 of them get pushed into next year, that doesn't necessarily stop 2008 from being the PS3's year. How can you expect all of it's big games to arrive in 1 year?

Also, you missed out Tekken 6, SOCOM: Confrontation and Motorstorm 2 along with lower-tier games such as Wipeout HD, Haze, Siren, Linger in Shadows, Disgaea 3 and Valkyria Chronicles. 8 Days and WKC could still arrive this year.

Anyway, we should wait until E3 is over before we start talking about this.